Kerala, Dubai firm to discuss delayed Kochi project WednesdaySeptember 8th, 2009 THIRUVANANTHAPURAM - Kerala Chief Minister V.S. Achuthanandan Tuesday told the Kerala assembly that talks would begin with Smart City Dubai Wednesday to take forward the proposed Smart City Kochi software township project.
Talks on stalled Kerala project to commence next monthAugust 21st, 2009 KOCHI - Talks will resume next month with Smart City Dubai to take forward the proposed Smart City Kochi project, a Rs.1,500-crore ($316-million) software township, according to Fisheries Minister and project chairman S. Sarma. The Kerala government has intimated to Smart City Dubai - a Dubai-based company that is into setting up self-sustained townships for knowledge-based industries - that the talks could be held over two days between Sep 7 and Sep 10, Sarma told reporters here Friday.
Two lakh new IT jobs in Kerala in two years: AchuthanandanOctober 10th, 2009 THRISSUR - Kerala Chief Minister V.S. Achuthanandan Saturday inaugurated the third IT park in the state - Phase 1 of Infopark Koratty - and said that nearly 200,000 jobs in information technology sector would be created in the next two years.
Vedanta terminates Maytas contract in OrissaJanuary 18th, 2009 BHUBANESWAR - Maytas Infra, the infrastructure company linked to scam-tainted Satyam Computer Services, has lost a contract from Vedanta Alumina to develop an integrated township in Orissa, Vedanta said here Monday. 'We have terminated the contract.
Dubai IT firm wants freehold land from Kerala governmentApril 21st, 2009 THIRUVANANTHAPURAM - The proposed Rs.15-billion Smart City Kochi IT park Tuesday suffered a setback after Smart City Dubai, which has signed a pact with the state government to develop the project, said it wanted the freehold land issue resolved. This was informed in a press release, issued Tuesday by Smart City Dubai chief executive Fareed Abdulrahman, who said they were assigned to Smart City Kochi and still heavily involved in the development of the project and had not pulled back from their roles and responsibilities.
Maytas Infra loses second project in OrissaFebruary 2nd, 2009 BHUBANESWAR - Maytas Infra - the infrastructure company floated by the promoter-family of scam-tainted Satyam Computer Services - has lost another project in Orissa. Hyderabad-based KVK Energy, which is setting up a Rs.50-billion (Rs.5,000-crore), 1,050 MW coal-fired power project in Cuttack district, Tuesday said Maytas was no longer its joint venture partner.
AP Sources: YouTube to offer online movie rentals, following in footsteps of iTunes, AmazonSeptember 2nd, 2009 AP Sources: YouTube to offer online movie rentalsLOS ANGELES — YouTube, Google Inc.'s online video streaming service, is in talks with Hollywood studios to rent new release movies online, according to people familiar with the talks. The move follows similar deals by Apple Inc.'s iTunes and others.
Kerala set to open first phase of Rs.600-cr IT parkSeptember 18th, 2009 KOCHI - The first phase of the Rs.600-crore Koratty information technology park in Kerala, being set up as part of the state government's plan to open IT parks in all districts, will be opened Oct 10. The project, coming up on 42 acres in Koratty in Thrissur district, is one of the fastest developed IT parks in the state, Siddhartha Bhattacharya, chief executive of Infopark Kochi, which is developing the project, told IANS.
BSNL to offer 3G service in June in ChennaiMarch 11th, 2009 CHENNAI - The state-run telecom major Bharat Sanchar Nigam Limited (BSNL) is setting up the 3G telecom infrastructure here to offer the service by June, a top official said Wednesday. 'We are in the process of installing the 600 base transmitting stations (BTS) for the 3G service.
Tech Mahindra in talks with Satyam's Australian clients to salvage reputationJune 25th, 2009 MELBOURNE - Tech Mahindra, which took over scandal hit Satyam Computer Services, will hold high-level talks with key Australian corporate clients of the troubled IT firm in a bid to salvage the reputation of the company. National Australia Bank is one of the key customers Tech Mahindra executive vice-chairman Vineet Nayyar will be meeting next week.
Maytas Infra files criminal case against VedantaFebruary 26th, 2009 HYDERABAD - Maytas Infra, the infrastructure firm owned by the son of disgraced former chairman of Satyam Computer Services B. Ramalinga Raju, has filed a criminal case against Vedanta Aluminium and eight of its employees for 'fraudulently' encashing bank guarantees without terminating a contract between them.
West Bengal needs to 're-prioritise' land for industry: NASSCOMSeptember 15th, 2009 KOLKATA - Days after West Bengal scrapped an IT township project, the National Association of Software and Services Companies (NASSCOM) Tuesday said the Left Front government needs to "re-prioritise" its policy of allocating land for industry and more importance should be given to information technology. NASSCOM chairman (eastern region) V.V.R.
Maytas' legal notice to Vedanta for encashing bank guaranteesFebruary 4th, 2009 HYDERABAD - Maytas Infra, owned by former chairman of Satyam Computer Services B. Ramalinga Raju's family, has issued a legal notice to Vendanta Aluminum Ltd for 'fraudulently and illegally' encashing two bank guarantees worth Rs.640 million (Rs.64 crore) and for not clearing admitted dues.
Men accused of stealing merchandise from upscale Ohio cookware factory, selling items on eBayJune 17th, 2009 Factory workers charged in costly cookware theftPERRYSBURG, Ohio — Three Ohio men are accused of stealing merchandise from the gourmet cookware plant where they worked and selling the pricey pots and pans on eBay. Police Detective Sgt.
Alinghi 'regrets' Oracle snubbed talks to resolve dispute over next America CupMay 8th, 2009 Alinghi laments Oracle snubbing talks to end spat
GENEVA — America's Cup winner Alinghi said Thursday it "regrets" that challenger Oracle has rejected its offer to resume talks aimed at resolving a dispute over the next race. Alinghi's home club, Societe Nautique de Geneve, said it sent a letter to Golden Gate Yacht Club, which backs BMW Oracle Racing, inviting it to discuss the date, venue, race format and participation of other teams in the next race.